Best book on trading I've ever read: Lance Beggs YTC Price Action Trader

kut2k2 said:
I'm not one for discretionary trading, it just doesn't work for me. Not saying it doesn't work for anybody at all but based on what I've read, it rarely works for anybody else.

That said, I do know that any trading method, be it discretionary or mechanical, has to have an edge in order to be worthwhile. If the vendor isn't selling an edge, he's just selling bullshit. That's the bottom line.

I can understand why many don't want to post their accounts as proof of success, frankly it's nobody's damn business. And look at what happens to those who do post accounts. Sooner or later somebody rightly or wrongly accuses them of posting some photoshopped fake. What the hell! Who needs that sort of aggravation?

But ...

If I was a vendor and wanted to demonstrate proof that my system was worthwhile, I'd start a journal here or in some other public trading forum posting live trades. 40 or 50 should do it, if the system has a decent edge. Anybody who claimed fraud then would be exposed as a lazy fool who couldn't follow a roadmap to his own ass. Just saying.
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i i made money with a good system i would just become a signal on the MQL site.
 
I spent a good amount of time on Lance Begg's course. And so far it didn't work. I must admit that Lance made an excellent course, very structural, very well organized and explained. The only problem - his method doesn't earn money. For me. Maybe for him it does, I don't know.
 
Geez, it's been five years since I posted about YTC & Beggs on this thread. Nothing has changed except the scam keeps going to fill out the decade. The "course"s real edge (for Beggs) is actually the neat and tidy looking chart illustrations with the nice red and green arrows on a clear white background to sucker in newcomers for the $200 or so price. It effectively sells the dream that successful trading can be so simplified and illustrated. Pertaining to my previous posts in this thread, I'm pleased to say the acquaintance I knew who had followed and journaled his Begg following for years has finally dumped YTC and has since moved on, however dubiously to Brooks whose books and room imo, are also a waste of time, though some claim the video course helps.
 
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